Issuu

LUXURY MARKET REPORT

MARCH 2026

www.LuxuryHomeMarketing.com

"In many ways, luxury real estate is returning to its historical role: a tangible expression of wealth, stability, and quality of life."

NORTH AMERICAN LUXURY REVIEW NORTH AMERICAN LUXURY REAL ESTATE: A MARKET DEFINED BY INTENTION, WEALTH AND LIFESTYLE The North American luxury real estate market continues to enter its new phase, one defined less by urgency and scarcity and more by intention, stability, and long-term wealth positioning. While the pandemic years generated extraordinary demand and rapid price growth, recent data suggests the luxury market has entered a more measured phase. Prices are still rising, but at a slower pace, ultraluxury transactions remain robust, and buyer demand has become more selective. Increasingly, affluent purchasers are motivated less by speculative investment and more by lifestyle priorities, long-term security, and the enduring value of owning exceptional property. In many ways, luxury real estate is returning to its historical role: a tangible expression of wealth, stability, and quality of life.

A LARGE AND RESILIENT MARKET North America remains one of the world’s most significant luxury residential markets. According to Modor Intelligence1 “the North America Luxury Residential Real Estate Market size was valued at USD 583.94 billion in 2025 and estimated to grow from USD 606.84 billion in 2026 to reach USD 735.48 billion by 2031, at a CAGR of 3.92% during the forecast period (2026-2031). Growing millionaire migration, tokenized ownership pilots, and a reallocation of institutional capital from offices to high-end housing are reshaping competitive dynamics.” Several structural forces continue to support demand at the high end of the market. Wealth creation among high-net-worth individuals remains strong, family wealth transfers are accelerating, and many affluent households continue to seek real estate as a stable store of value within diversified portfolios. Unlike the broader housing market, luxury buyers are also far less sensitive to mortgage rate changes. A large share of luxury transactions is completed with cash, insulating the sector from interest-rate volatility. 1

https://www.mordorintelligence.com/industry-reports/north-america-luxury-residential-real-estate-market?utm_source=chatgpt.com

YEAR-OVER-YEAR INSIGHTS FROM FEBRUARY When compared with both 2024 and 2025, early 2026 shows continued resilience in the luxury real estate market, albeit at a more moderate pace. Luxury single-family home prices increased approximately 1.1% year over year, while the attached luxury segment, including high-end condominiums, experienced a slight decline of 2.8%. However, over a two-year period luxury single-family prices have risen by roughly 3% and attached properties by 4.5%, highlighting the underlying stability, even as broader housing markets continue to adjust. Sales activity has also remained relatively steady. Luxury single-family transactions rose 3.9% year over year, while activity in the attached segment remained largely on par with the previous year, demonstrating that affluent buyers continue to engage in the market despite broader economic uncertainty. One of the most notable shifts occurred in 2025, when inventory levels rose significantly compared with 2024. In February alone, luxury inventory increased by more than 25%, and some markets experienced annual inventory growth of up to 40%. In early 2026, however, that momentum appears to have stabilized. February saw inventory increase by a modest 3.1% in the single-family segment, while the attached market recorded a 2.35% decline. Importantly, the inventory growth seen over the past year was not necessarily a sign of market weakness. Rather, it represented a gradual rebalancing after several years of exceptionally constrained supply. Buyers today have more options and greater time to evaluate properties. That adjustment now appears to have reached a temporary equilibrium, as the number of new listings entering the market has also declined compared with February 2025. For sellers and agents operating in the luxury segment, these conditions reinforce the growing importance of quality. Design, condition, location, and presentation have become critical differentiators in a more selective market. As a result, days on market for sold properties have increased, reflecting the more deliberate pace at which both buyers and sellers are choosing to engage.

MOMENTUM IN RECENT MONTHS While year-over-year trends point to a moderating market, month-over-month activity indicates growing momentum as the year begins. Luxury single-family transactions increased 18.9% compared to January 2026, while the attached luxury segment rose 21.2% over the same period.

Seasonally, this uptick is not unexpected as the market moves toward the spring selling season. However, the increase is notable given that overall inventory has largely plateaued and the number of new listings entering the market has declined, suggesting that buyer demand remains strong despite limited fresh supply. Pricing trends reveal a more nuanced story. The median sold price for luxury single-family homes rose 2.3% month over month, while the attached segment declined by 9.1% compared to January 2026. A closer look suggests this shift reflects the price bands currently driving activity rather than broad market changes. In the single-family sector, continued demand for ultra-luxury properties is pushing median prices higher. Conversely, the attached market is seeing stronger activity in entry-level luxury properties, which has pulled the median price downward as a larger share of transactions occur at lower luxury price points.

THE STRENGTH OF THE ULTRA-LUXURY SEGMENT Perhaps the most striking data point in the luxury sector is the continued strength of ultra-high-end transactions. Sales above $10 million remain robust across major markets, while transactions above $20 million and even $50 million have increased significantly in recent years. This reflects the expanding population of ultra-high-net-worth individuals globally as well as the limited supply of truly exceptional properties. For many of these buyers, real estate purchases are less about traditional investment returns and more about long-term asset preservation and lifestyle alignment.

A SHIFT TOWARD INTENTIONAL BUYING One of the most defining characteristics of today’s luxury market is the shift toward more intentional purchasing behavior. Today’s affluent buyers are more deliberate. They are taking time to evaluate properties carefully and are prioritizing homes that align closely with their lifestyle needs. This has created a clear divide within the luxury market. Turnkey homes in prime locations continue to command strong prices and sell relatively quickly. These properties often feature contemporary design, advanced technology, wellness amenities, and seamless indoor-outdoor living. Properties that require significant renovation or that lack modern features, however, are taking longer to sell and may require more competitive pricing.

REAL ESTATE AS LIFESTYLE INFRASTRUCTURE Beyond investment considerations, wealthy buyers increasingly view property as a form of lifestyle infrastructure, something that supports the way they want to live rather than simply serving as a financial asset. Several key trends illustrate this shift. First, privacy and security have become increasingly important. Gated estates, private compounds, and homes with advanced security systems are in high demand among affluent buyers seeking greater control over their personal environment. Second, wellness has become a central design priority. Luxury homes now frequently include spa facilities, meditation rooms, fitness centers, and extensive outdoor living spaces designed to promote health and relaxation. Third, flexibility has become essential. Many luxury buyers want homes that can accommodate remote work, extended family visits, and multi-generational living. In this sense, luxury real estate is evolving beyond the traditional idea of a “dream home.” Instead, it is becoming a comprehensive environment designed to support a particular lifestyle.

THE BROADER PERSPECTIVE Ultimately, luxury real estate continues to occupy a distinctive place in the global wealth landscape. For many affluent buyers, property is not simply an investment, it is a tangible expression of security, personal identity, and the way they choose to live. And in uncertain times, those qualities remain as valuable as ever. Whether you’re looking to invest, sell, or purchase locally or globally in 2025, understanding these trends and insights is a key part of making informed decisions in this evolving luxury market, and as always, we highly recommend working with a luxury property specialist to gain insights into what is truly happening in your local marketplace.

– 13 - MONTH MARKET TRENDS – FOR THE LUXURY NORTH AMERICAN MARKET

Single-Family Homes

Attached Homes

Single-Family List Price

Attached List Price

All data is based off median values. Median prices represent properties priced above respective city benchmark prices. 50

DAYS ON MARKET

45 40 35 30 25 20 15 10 5 0

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

45% 40%

SALES RATIO

35% 30%

Seller's

25%

21%

20%

Balanced

15%

12%

10%

Buyer's

5% 0%

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

NOV

DEC

JAN

FEB

SALES PRICE VS. LIST PRICE

$1,700,000

$1,500,000

$1,300,000

$1,100,000

$900,000

$700,000

$500,000

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

– LUXURY MONTHLY MARKET REVIEW – A Review of Key Market Differences Year over Year February 2025 | February 2026

SINGLE-FAMILY HOMES February 2025

February 2026

Median List Price

$1,490,000

$1,547,000

Median Sale Price

$1,324,900

$1,340,000

Median SP/LP Ratio

98.35%

Total Sales Ratio Median Price per Sq. Ft.

February 2025

February 2026

Total Inventory

61,515

63,412

New Listings

20,749

20,536

97.91%

Total Sold

11,781

12,239

19.15%

19.30%

Median Days on Market

$386

$395

3,172

3,260

Average Home Size

Median prices represent properties priced above respective city benchmark prices.





.15%

Days on Market

Sales Ratio

213

458

15,100

New Listings

Total Sold

Med. Sale Price



SINGLE-FAMILY HOMES MARKET SUMMARY | FEBRUARY 2026 •

Official Market Type: Balanced Market with a 19.30% Sales Ratio.1

•

Homes are selling for an average of 97.91% of list price.

•

The median luxury threshold2 price is $900,000, and the median luxury home sales price is $1,340,000.

•

Markets with the Highest Median Sales Price: Paradise Valley ($5,650,000), Ft. Lauderdale ($5,550,000), Telluride ($5,502,634), and Whistler ($4,650,000).

•

Markets with the Highest Sales Ratio: San Francisco (100.0%), Howard County (63.6%), Marin County (55.0%), and Silicon Valley (53.5%). Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100%, sales from previous month

exceeds current inventory. 2The luxury threshold price is set by The Institute for Luxury Home Marketing.

– LUXURY MONTHLY MARKET REVIEW – A Review of Key Market Differences Year over Year February 2025 | February 2026

ATTACHED HOMES February 2025

February 2026

February 2025

February 2026

Median List Price

$915,750

$913,470

Total Inventory

25,391

24,794

Median Sale Price

$895,600

$870,540

New Listings

7,871

7,218

Median SP/LP Ratio

98.72%

98.32%

Total Sold

3,819

3,816

Total Sales Ratio

15.04%

15.39%

Median Days on Market

$496

$473

1,945

1,917

Median Price per Sq. Ft.

Average Home Size

Median prices represent properties priced above respective city benchmark prices.



New Listings

653



25,060



.35%

Total Sold

Med. Sale Price

Days on Market

Sales Ratio

ATTACHED HOMES MARKET SUMMARY | FEBRUARY 2026 •

Official Market Type: Balanced Market with a 13.14% Sales Ratio.1

•

Attached homes are selling for an average of 98.01% of list price.

•

The median luxury threshold2 price is $700,000, and the median attached luxury sale price is $870,540.

•

Markets with the Highest Median Sales Price: San Francisco ($2,675,000), Eagle County ($2,675,000), Whistler ($2,200,000), and Ft. Lauderdale ($2,100,000).

•

Markets with the Highest Sales Ratio: Fairfax County (108.7%), Morris County (68.8%), Arlington & Alexandria (68.1%), and Howard County (65.8%). Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100%, sales from previous month

exceeds current inventory. 2The luxury threshold price is set by The Institute for Luxury Home Marketing.

– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES

ATTACHED HOMES

State Market Name

List Price

Sold Price

DOM

Ratio

Market

List Price

Sold Price

DOM

Ratio

Market

Calgary

$1,067,500

$990,000

35.6%

Seller's

$799,900

$712,000

31.6%

Seller's

Chandler and Gilbert

$1,144,500

$1,015,000

27.2%

Seller's

Flagstaff

$1,725,000

$1,265,000

14.0%

Balanced

Fountain Hills

$2,890,000

$4,075,000

8.5%

Buyer's

$732,450

$510,000

3.3%

Buyer's

Mesa

$939,950

$846,250

28.3%

Seller's

Paradise Valley

$6,000,000

$5,650,000

15.4%

Balanced

Phoenix

$950,000

$830,000

24.7%

Seller's

Scottsdale

$2,400,000

$1,875,000

20.1%

Balanced

$966,944

$947,500

16.2%

Balanced

Tucson

$719,000

$641,480

19.8%

Balanced

Okanagan Valley

$1,799,999

$1,432,500

101

4.0%

Buyer's

Vancouver

$3,998,000

$3,365,000

4.4%

Buyer's

$1,898,000

$1,836,500

9.4%

Buyer's

Whistler

$6,147,000

$4,650,000

5.2%

Buyer's

$2,347,500

$2,200,000

6.5%

Buyer's

Central Coast

$2,750,000

$2,947,500

16.9%

Balanced

$1,180,000

$1,125,000

20.9%

Balanced

East Bay

$1,999,888

$2,050,000

47.7%

Seller's

$1,148,000

$1,080,000

28.5%

Seller's

Greater Palm Springs

$2,144,500

$1,715,000

15.7%

Balanced

Lake Tahoe

$2,940,000

$1,900,000

18.9%

Balanced

$1,600,000

$1,287,500

154

13.6%

Balanced

Los Angeles Beach Cities

$5,999,000

$3,879,575

15.4%

Balanced

$1,948,000

$1,855,000

16.3%

Balanced

Los Angeles City

$5,250,000

$3,650,000

12.6%

Balanced

$1,625,000

$1,590,000

12.6%

Balanced

Los Angeles The Valley

$2,500,000

$1,910,000

18.9%

Balanced

$799,950

$830,000

24.7%

Seller's

Marin County

$3,745,000

$3,400,000

55.0%

Seller's

$1,250,000

$1,087,000

40.0%

Seller's

Napa County

$3,195,000

$1,957,500

173

6.4%

Buyer's

Orange County

$2,850,000

$2,200,000

27.6%

Seller's

$1,298,000

$1,175,000

32.4%

Seller's

Placer County

$1,200,000

$1,045,750

21.8%

Seller's

Sacramento

$964,900

$920,000

29.0%

Seller's

San Diego

$2,268,500

$1,840,000

32.3%

Seller's

$1,146,950

$1,040,000

26.8%

Seller's

San Francisco

$4,165,000

$3,550,000

100.0%

Seller's

$2,995,000

$2,675,000

43.8%

Seller's

San Luis Obispo County

$1,862,500

$1,401,613

25.4%

Seller's

Silicon Valley

$3,965,000

$3,400,000

53.5%

Seller's

$1,650,000

$1,605,000

35.3%

Seller's

Sonoma County

$2,140,000

$1,679,000

16.9%

Balanced

$752,131

$700,710

7.4%

Buyer's

Ventura County

$2,249,000

$1,627,500

22.5%

Seller's

$779,945

$795,000

28.6%

Seller's

Boulder

$2,375,000

$1,605,550

18.4%

Balanced

$869,000

$750,000

21.4%

Seller's

Colorado Springs

$950,000

$849,950

14.7%

Balanced

$582,444

$570,000

13.0%

Balanced

Denver

$1,550,000

$1,375,000

21.8%

Seller's

$828,250

$801,050

13.5%

Balanced

Douglas County

$1,300,000

$1,125,000

22.0%

Seller's

$584,500

$550,000

19.2%

Balanced

Eagle County

$5,900,000

$3,125,000

213

8.4%

Buyer's

$2,875,000

$2,675,000

13.1%

Balanced

Pitkin County

Summit County

$3,695,000

$2,460,000

5.8%

Buyer's

$1,317,500

$1,275,000

138

10.9%

Buyer's

Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.

– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES

ATTACHED HOMES

State Market Name

List Price

Sold Price

DOM

Ratio

Market

List Price

Sold Price

DOM

Ratio

Market

Telluride

$7,247,000

$5,502,634

230

7.1%

Buyer's

$2,399,500

$1,360,000

8.1%

Buyer's

Central Connecticut

$679,900

$625,000

35.2%

Seller's

Coastal Connecticut

$2,195,000

$1,788,550

21.9%

Seller's

$700,000

$701,500

37.2%

Seller's

Washington D.C.

$3,695,000

$3,175,000

15.4%

Balanced

$1,995,000

$1,585,000

19.3%

Balanced

Sussex County

$1,514,999

$1,350,000

15.4%

Balanced

$790,000

$1,043,750

6.9%

Buyer's

Boca Raton/Delray Beach

$2,995,000

$2,137,500

16.9%

Balanced

$1,060,000

$1,225,000

11.4%

Buyer's

Brevard County

$845,000

$750,000

20.1%

Balanced

$748,500

$702,500

8.2%

Buyer's

Broward County

$1,849,000

$1,475,000

10.1%

Buyer's

$699,000

$672,400

6.6%

Buyer's

Charlotte County

$999,999

$1,000,000

100

6.8%

Buyer's

Coastal Pinellas County

$2,490,000

$1,687,500

3.4%

Buyer's

$1,200,000

$1,100,000

7.2%

Buyer's

Ft. Lauderdale

$5,880,000

$5,550,000

114

4.2%

Buyer's

$2,688,275

$2,100,000

113

4.2%

Buyer's

Jacksonville

$804,000

$741,100

30.2%

Seller's

$607,450

$687,000

12.1%

Balanced

Jacksonville Beaches

$1,299,000

$1,350,000

19.8%

Balanced

$1,190,000

$1,145,000

16.9%

Balanced

Lee County

$1,499,000

$1,256,250

9.8%

Buyer's

$829,000

$775,000

7.7%

Buyer's

Marco Island

$3,000,000

$2,225,000

10.9%

Buyer's

$1,445,000

$1,462,500

9.7%

Buyer's

Miami

$1,937,000

$1,520,000

8.0%

Buyer's

$1,499,500

$1,390,000

4.6%

Buyer's

Naples

$4,900,000

$3,617,500

7.5%

Buyer's

$2,290,000

$2,000,000

10.2%

Buyer's

Orlando

$1,300,000

$1,150,000

13.4%

Balanced

$595,000

$550,000

9.3%

Buyer's

Palm Beach Towns

$5,597,500

$4,062,500

11.7%

Buyer's

$2,200,000

$1,475,000

8.1%

Buyer's

Sarasota & Beaches

$2,795,000

$2,025,000

8.8%

Buyer's

$1,599,000

$1,350,000

8.6%

Buyer's

South Pinellas County

$1,500,000

$1,347,500

10.9%

Buyer's

$1,099,000

$1,574,023

32.5%

Seller's

Tampa

$765,000

$700,000

19.5%

Balanced

$825,000

$731,500

18.0%

Balanced

Atlanta

$1,650,000

$1,340,000

21.3%

Seller's

$705,000

$675,000

14.0%

Balanced

Duluth

$1,387,500

$1,300,000

12.5%

Balanced

Island of Hawaii

$1,950,000

$1,545,000

12.5%

Balanced

$1,675,000

$1,937,500

13.4%

Balanced

Kauai

$3,200,000

$2,450,000

12.7%

Balanced

$1,494,000

$965,000

3.8%

Buyer's

Maui

$3,194,500

$1,900,000

108

4.6%

Buyer's

$1,950,000

$1,895,000

6.6%

Buyer's

Oahu

$2,900,000

$2,450,000

11.4%

Buyer's

$1,131,500

$949,000

11.0%

Buyer's

Greater Des Moines

$669,950

$634,900

12.5%

Balanced

Ada County

$829,880

$754,000

31.4%

Seller's

$658,250

$580,000

17.9%

Balanced

Northern Idaho

$1,233,500

$957,500

13.7%

Balanced

Chicago

$1,900,000

$1,362,500

47.7%

Seller's

$1,250,000

$940,000

34.2%

Seller's

DuPage County

$1,470,000

$925,000

35.6%

Seller's

$687,450

$620,385

25.9%

Seller's

Lake County

$1,299,900

$902,500

47.5%

Seller's

Will County

$649,690

$625,000

37.6%

Seller's

Boone County

$1,775,000

$884,890

13.8%

Balanced

Hamilton County

$809,371

$757,500

42.6%

Seller's

Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.

– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES

ATTACHED HOMES

State Market Name

List Price

Sold Price

DOM

Ratio

Market

List Price

Sold Price

DOM

Ratio

Market

Lafayette County

$883,500

$692,500

136

16.9%

Balanced

Cape Cod

$2,499,000

$1,620,000

11.0%

Buyer's

$1,115,000

0.0%

Buyer's

Greater Boston

$3,299,000

$2,825,000

17.3%

Balanced

$2,350,000

$1,862,000

16.2%

Balanced

South Shore

$1,922,500

$1,460,000

16.7%

Balanced

$941,950

$819,900

13.2%

Balanced

Anne Arundel County

$1,122,000

$930,861

42.7%

Seller's

$574,995

$556,652

48.0%

Seller's

Baltimore City

$1,200,000

$752,500

36.4%

Seller's

$692,785

$575,000

18.3%

Balanced

Baltimore County

$992,445

$932,500

19.0%

Balanced

$602,500

$569,999

41.2%

Seller's

Frederick County

$969,950

$832,430

35.3%

Seller's

Howard County

$1,497,000

$1,118,000

63.6%

Seller's

$634,950

$540,000

65.8%

Seller's

Montgomery County

$1,974,995

$1,625,000

48.6%

Seller's

$884,990

$724,320

31.5%

Seller's

Talbot County

$2,395,000

$1,130,000

11.1%

Buyer's

Worcester County

$903,450

$737,450

114

13.9%

Balanced

$662,000

$599,900

20.1%

Balanced

Grand Traverse

$1,343,500

$865,000

11.2%

Buyer's

Livingston County

$729,000

$645,000

28.8%

Seller's

Monroe County

$630,000

$635,000

20.6%

Balanced

Oakland County

$849,950

$655,000

27.8%

Seller's

$634,490

$680,345

15.2%

Balanced

Washtenaw County

$867,500

$803,750

20.0%

Balanced

$669,500

$645,070

10.4%

Buyer's

Wayne County

$750,000

$662,000

30.2%

Seller's

$689,500

$599,950

14.7%

Balanced

Olmsted County

$886,500

$834,000

12.3%

Balanced

Twin Cities

$1,350,000

$999,000

14.2%

Balanced

Asheville

$1,044,500

$882,000

107

9.0%

Buyer's

$769,000

$610,000

107

14.3%

Balanced

Charlotte

$1,112,000

$960,000

27.9%

Seller's

$650,000

$599,000

21.5%

Seller's

Lake Norman

$1,245,214

$1,040,000

19.3%

Balanced

$583,510

$570,000

26.3%

Seller's

Pitt County

$599,950

$610,000

16.7%

Balanced

Raleigh-Durham

$1,200,000

$967,372

23.4%

Seller's

Rockingham County

$1,572,500

$1,300,000

20.3%

Balanced

$972,500

$910,000

27.8%

Seller's

Bergen County

$2,899,998

$2,200,000

20.1%

Balanced

$1,465,000

$1,205,000

23.8%

Seller's

Morris County

$1,847,500

$1,347,500

34.6%

Seller's

$883,995

$942,500

68.8%

Seller's

Ocean County

$1,049,000

$850,000

20.9%

Balanced

$1,175,000

$870,540

10.5%

Buyer's

Somerset County

$1,949,500

$1,475,000

20.8%

Balanced

$866,750

$819,000

50.0%

Seller's

Lake Tahoe

$4,562,500

$2,787,500

24.1%

Seller's

$1,250,000

$1,240,000

106

11.8%

Buyer's

Las Vegas

$1,700,000

$1,399,999

13.7%

Balanced

Reno

$1,892,500

$1,459,000

100

23.8%

Seller's

Cincinnati

$849,000

$707,500

22.1%

Seller's

Cleveland Suburbs

$724,900

$595,000

38.2%

Seller's

Columbus

$799,970

$748,550

33.6%

Seller's

$659,900

$650,000

15.6%

Balanced

GTA - Durham

$1,775,000

$1,465,000

7.5%

Buyer's

$825,000

$799,900

14.3%

Balanced

Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.

– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES

ATTACHED HOMES

State Market Name

List Price

Sold Price

DOM

Ratio

Market

List Price

Sold Price

DOM

Ratio

Market

GTA - York

$2,299,250

$1,813,800

9.9%

Buyer's

$789,000

$725,000

10.2%

Buyer's

Mississauga

$2,899,900

$3,044,444

7.2%

Buyer's

$1,015,000

$975,000

10.1%

Buyer's

Oakville

$2,609,000

$2,400,000

6.6%

Buyer's

$1,199,000

$1,115,000

24.0%

Seller's

Toronto

$3,892,000

$3,150,000

8.6%

Buyer's

$1,255,000

$1,125,000

12.0%

Balanced

Waterloo Region

$1,398,000

$1,300,000

14.1%

Balanced

$799,000

$771,500

20.6%

Balanced

Portland

$1,350,000

$1,130,000

18.5%

Balanced

$699,000

$750,000

12.2%

Balanced

Philadelphia

$725,000

$740,000

18.9%

Balanced

$827,000

$687,000

21.5%

Seller's

Charleston

$1,862,500

$1,552,115

20.8%

Balanced

$1,207,500

$959,250

119

18.1%

Balanced

Hilton Head

Greater Chattanooga

$975,000

$875,000

13.9%

Balanced

Nashville

$1,750,000

$1,412,530

20.0%

Balanced

$729,900

$680,000

9.2%

Buyer's

Austin

$2,377,000

$2,125,000

10.7%

Buyer's

$1,182,500

$1,100,000

6.6%

Buyer's

Collin County

$743,410

$670,000

15.9%

Balanced

Dallas

$1,519,500

$1,200,000

21.7%

Seller's

$749,000

$740,000

7.3%

Buyer's

Denton County

$775,272

$754,000

16.4%

Balanced

El Paso

$649,950

$575,000

11.1%

Buyer's

Fort Worth

$885,360

$801,000

21.1%

Seller's

Greater Tyler

$669,900

$610,000

8.8%

Buyer's

Houston

$989,950

$920,000

18.2%

Balanced

$667,000

$602,323

12.6%

Balanced

Lubbock

$682,450

$640,000

17.0%

Balanced

San Antonio

$820,125

$768,803

12.0%

Balanced

$717,250

$682,500

312

1.8%

Buyer's

Tarrant County

$850,000

$810,000

19.1%

Balanced

The Woodlands & Spring

$799,900

$780,000

23.1%

Seller's

Park City

$5,600,000

$3,815,500

14.4%

Balanced

$2,250,000

$1,924,700

12.8%

Balanced

Salt Lake City

$1,199,000

$1,085,000

28.4%

Seller's

$585,000

$587,250

13.8%

Balanced

Washington County

$1,475,000

$1,303,250

8.4%

Buyer's

Arlington & Alexandria

$2,549,000

$2,030,000

49.2%

Seller's

$1,125,000

$1,015,000

68.1%

Seller's

Fairfax County

$2,329,500

$1,519,375

48.2%

Seller's

$824,750

$700,000

108.7%

Seller's

McLean & Vienna

$3,165,000

$2,258,103

36.4%

Seller's

$1,063,495

$1,127,500

43.8%

Seller's

Richmond

$800,000

33.5%

Seller's

$589,885

$600,008

31.3%

Seller's

Smith Mountain Lake

$1,547,000

$1,340,000

22.5%

Seller's

Virginia Beach

$1,392,500

$1,250,000

24.1%

Seller's

$825,000

$770,000

21.1%

Seller's

King County

$1,999,999

$1,699,500

33.1%

Seller's

$1,196,500

$1,227,475

23.7%

Seller's

Seattle

$2,100,000

$1,650,000

46.1%

Seller's

$1,375,000

$1,275,000

29.8%

Seller's

Spokane

$1,144,950

$985,000

7.2%

Buyer's

Vancouver

$1,380,000

$1,402,590

17.5%

Balanced

$832,450

$714,000

10.9%

Buyer's

Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.

– LUXURY REPORT EXPLAINED – The Institute for Luxury Home Marketing has analyzed a number of metrics — including sales prices, sales volumes, number of sales, sales-price-to-list-price ratios, days on market and price-per-squarefoot – to provide you a comprehensive North American Luxury Market report. Additionally, we have further examined all of the individual luxury markets to provide both an overview and an in-depth analysis - including, where data is sufficient, a breakdown by luxury singlefamily homes and luxury attached homes. It is our intention to include additional luxury markets on a continual basis. If your market is not featured, please contact us so we can implement the necessary qualification process. More in-depth reports on the luxury communities in your market are available as well. Looking through this report, you will notice three distinct market statuses, Buyer's Market, Seller's Market, and Balanced Market. A Buyer's Market indicates that buyers have greater control over the price point. This market type is demonstrated by a substantial number of homes on the market and few sales, suggesting demand for residential properties is slow for that market and/or price point. By contrast, a Seller's Market gives sellers greater control over the price point. Typically, this means there are few homes on the market and a generous demand, causing competition between buyers who ultimately drive sales prices higher. A Balanced Market indicates that neither the buyers nor the sellers control the price point at which that property will sell and that there is neither a glut nor a lack of inventory. Typically, this type of market sees a stabilization of both the list and sold price, the length of time the property is on the market as well as the expectancy amongst homeowners in their respective communities – so long as their home is priced in accordance with the current market value.

REPORT GLOSSARY REMAINING INVENTORY: The total number of homes available at the close of a month. DAYS ON MARKET: Measures the number of days a home is available on the market before a purchase offer is accepted. LUXURY BENCHMARK PRICE: The price point that marks the transition from traditional homes to luxury homes. NEW LISTINGS: The number of homes that entered the market during the current month. PRICE PER SQUARE FOOT: Measures the dollar amount of the home's price for an individual square foot. SALES RATIO: Sales Ratio defines market speed and determines whether the market currently favors buyers or sellers. A Buyer's Market has a Sales Ratio of less than 12%; a Balanced Market has a ratio of 12% up to 21%; a Seller's Market has a ratio of 21% or higher. A Sales Ratio greater than 100% indicates the number of sold listings exceeds the number of listings available at the end of the month. SP/LP RATIO: The Sales Price/List Price Ratio compares the value of the sold price to the value of the list price.

LUXURY RESIDENTIAL MARKETS 



  



 

   

                   



 

 

        

     



 

   



   



 

         

           



 



  



            

he Luxury Market Report is your guide to luxury real estate market data and trends for North America. Produced monthly by The Institute for Luxury Home Marketing, this report provides an in-depth look at the

top residential markets across the United States and Canada. Within the individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and sold properties designed to showcase current market status and recent trends. The national report illustrates a compilation of the top North American markets to review overall standards and trends.

Copyright © 2026 Institute for Luxury Home Marketing | www.luxuryhomemarketing.com | 214.485.3000 The Luxury Market Report is a monthly analysis provided by The Institute for Luxury Home Marketing. Luxury benchmark prices are determined by The Institute. This active and sold data has been provided by REAL Marketing, who has compiled the data through various sources, including local MLS boards, local tax records and Realtor.com. Data is deemed reliable to the best of our knowledge, but is not guaranteed.